Scottsdale Mint
scottsdalemint.com › home › articles › the hunt brothers: how two billionaires broke the silver market
The Hunt Brothers: How Two Billionaires Broke the Silver Market | Scottsdale Mint
March 6, 2025 - How the Hunt brothers cornered silver in 1980, pushing prices from $2 to $48/oz before a spectacular crash on 'Silver Thursday' changed market rules forever.
event resulting in a drop in silver prices
Wikipedia
en.wikipedia.org › wiki › Silver_Thursday
Silver Thursday - Wikipedia
July 1, 2026 - The SEC and CFTC investigated the events surrounding the silver crisis. The CFTC later brought market-manipulation proceedings against members of the Hunt family. In 1988, a federal jury found Bunker Hunt, Herbert Hunt, Lamar Hunt and other defendants liable in a civil action brought by Minpeco, a Peruvian mineral marketing company. The jury found that the defendants had conspired to corner ...
Two brothers attempt to corner the silver market. The Silver Rule promptly shuts them down.
the fact that private citizens couldn't own gold and that the bank bailed them out just shows you how rigged everything is. More on reddit.com
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September 18, 2023TIL in 1980 the Hunt brothers tried cornering the world's silver market.
Holy shit, that's one hell of a TIL! I've never heard of this either, so thanks for posting it! More on reddit.com
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June 17, 2020Remembering History: The Hunt Brothers and Silver (1979-1980)
I thought that the whole "I lost it all in cocoa futures" was a joke... dammit. Onion futures... really? More on reddit.com
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June 9, 2024Cornering Silver: The Hunt Brothers' 1980 Gamble and Its Lessons for Today's Investors | Blog Post
Thanks for the post, OP. What are the source materials you used for this article? More on reddit.com
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December 14, 202325:44
When The World's Richest Brothers Took Over The Silver Market: ...
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Silver Cornered By Hunt Brothers? That's NOT What Happened | Mike ...
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How Two Brothers Almost BROKE The Silver Market - YouTube
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The rise and fall of the Billionaire Hunt Brothers - YouTube
Reddit
reddit.com › r/wallstreetbets › remembering history: the hunt brothers and silver (1979-1980)
r/wallstreetbets on Reddit: Remembering History: The Hunt Brothers and Silver (1979-1980)
June 9, 2024 -
With all the talk about commodity supercycles, I was reminded of one of the greatest loss porn sagas of the twentieth century - when the brothers Hunt decided to try to corner the silver market.
Here is one account of how that went down.... one heck of a YOLO.....
https://learn.apmex.com/learning-guide/history/silver-thursday-the-hunt-brothers-scheme-2/
<edit> I tried to post this earlier, along the lines of "history may not repeat, but it rhymes"..... but I made the mistake of adding the YOLO flair, which is reserved for new and open trades, and offended one of the automods. So let's just call this 'discussion'.
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I thought that the whole "I lost it all in cocoa futures" was a joke... dammit. Onion futures... really?
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I remember this, it was crazy. People were selling anything with silver in it. Coin collections, silverware, jewelry. Billboards all over the place wanting silver. Thanks for the info, I never knew about these guys.
GoldBroker.com
goldbroker.com › home › guide to getting started with gold and silver investing › hunt brothers' attempt to corner the silver market
Silver Thursday: Hunt Brothers' attempt to corner the silver market | GoldBroker
Behind this spectacular debacle were Nelson Bunker Hunt and his brother William Herbert Hunt, two Texas billionaires who had attempted to carry out the largest corner ever seen on a commodity market.
APMEX
learn.apmex.com › learning-guide › history › silver-thursday-the-hunt-brothers-scheme
Silver Thursday | The Hunt Brothers Scheme – APMEX
May 24, 2022 - In August 1988, a federal grand jury ordered Nelson Bunker Hunt, William Herbert Hunt and a third brother, Lamar Hunt, to pay more than $130 million in damages for conspiring to corner the world’s silver market and for ruining the investments of Minpeco, a mineral marketing company of the ...
Priceonomics
priceonomics.com › home › home › how the hunt brothers cornered the silver market and then lost it all
How the Hunt Brothers Cornered the Silver Market and Then Lost it All - Priceonomics
March 20, 2022 - In 1980, two brothers from Texas controlled two-thirds of all the privately held silver on earth. This is the story of how one of history's biggest bets went bust.
Shipping and Commodity Academy
shippingandcommodityacademy.com › blog › how-the-hunt-brothers-cornered-the-silver-market-a-historical-perspective-on-market-manipulation
How the Hunt Brothers Cornered the Silver Market: A Historical Perspective on Market Manipulation | Shipping and Commodity Academy
The Hunt Brothers, Nelson and William, dramatically influenced the silver market in the late 1970s. They attempted to corner the market by accumulating vast quantities of silver, driving prices to unprecedented levels.
Phoenix Refining
phoenixrefining.com › blog › how-two-billionaires-broke-the-silver-market
How Two Billionaires Broke the Silver Market - Phoenix Refining
January 29, 2026 - They came dangerously close to cornering a precious metal critical to industry and culture, bent margin rules to their favor, and nearly brought the U.S. commodities market to its knees.
Investopedia
investopedia.com › articles › optioninvestor › 09 › silver-thursday-hunt-brothers.asp
Hunt Brothers' Silver Thursday: Market Manipulation Explained
October 24, 2025 - The fallout led to significant ... The Hunt brothers attempted to corner the silver market by accumulating two-thirds of the global privately-owned silver supply....
Encyclopedia Britannica
britannica.com › politics, law & government › banking & business
Silver Thursday | Causes, Impact, & Aftermath | Britannica
July 29, 2024 - The term Silver Thursday refers the dramatic fall in the price of silver on March 27, 1980, following the Hunt brothers’ attempt to corner the market on the metal.
GoldSilver
goldsilver.com › home › industry-news › articles › the day the hunt brothers capped the price of gold
The Day the Hunt Brothers Capped the Price of Gold
December 10, 2024 - With the Hunts’ mired in bankruptcy ... of law and in the court of public opinion. Bunker Hunt filed for personal bankruptcy and was charged with trying to corner the silver market....
GoldSilver
goldsilver.com › home › industry-news › videos › the hunt brothers silver story is not what you think
The Hunt Brothers Silver Story Is Not What You Think
December 20, 2025 - For decades, investors were told the Hunt brothers “cornered” the silver market and drove prices to $50. Mike Maloney reveals why that story doesn’t hold up—and what really caused one of the most misunderstood moments in monetary history.
Monex
monex.com › home › knowledge › insiders view of the hunt brothers silver story and the bullion market of the 1970s
Hunt Brothers Silver Story & the Bullion Market of the 1970s
January 7, 2025 - In fact, according to gold, silver did not rise. [see gold to silver timeline below] Silver kept pace with gold and the dollar’s devaluation for a hundred years. The truth is that the Hunts did not ‘corner’ silver markets, nor the gold markets, oil, gas or any other commodities where prices rose.
Substack
halleytech.substack.com › finance from first principles › case study: the hunt brothers and cornering silver
Case Study: The Hunt Brothers and Cornering Silver
August 24, 2026 - TL;DR (In 1979 and early 1980, Nelson Bunker Hunt and William Herbert Hunt set out to corner the silver market): to own so much of the metal that everyone who had promised to deliver silver would have to buy it back from them at whatever price ...
Investopedia
investopedia.com › terms › s › silver_thursday.asp
Silver Thursday: What It Means, How It Works
July 17, 2026 - Ultimately, the Hunt brothers declared bankruptcy after being fined $134 million in relation to their attempts to corner the silver market.
BullionByPost
bullionbypost.co.uk › index › silver › silver-thursday
Silver Thursday - An Explanation | BullionByPost
The Hunt brothers have always denied trying to corner the silver market and manipulate prices, instead claiming they wanted only to hedge against the volatility of the US economy.
Substack
thetimelessinvestor.substack.com › the timeless investor › the hunt brothers’ silver corner
The Hunt Brothers’ Silver Corner - by Arie van Gemeren, CFA
February 4, 2026 - The COMEX Board of Governors basically said - no more buy orders permitted. Secondly, position limits. The Exchange told the Hunt Brothers that not only could they not buy more silver, but they had also won too much and had to sell it.
Wikipedia
en.wikipedia.org › wiki › Nelson_Bunker_Hunt
Nelson Bunker Hunt - Wikipedia
June 29, 2026 - Nelson Bunker Hunt (February 22, ... and member of the wealthy Hunt family. He was once a billionaire but ultimately lost his fortune after he and his brothers, William Herbert and Lamar, were caught attempting to corner the world market in silver by authorities....
CNBCTV18
cnbctv18.com › home › market › commodities
Backstory: When Hunt Brothers cornered the silver market in late 70s - CNBC TV18
February 4, 2021 - But the Hunt brothers, instead of squaring up their positions, chose to take delivery of silver. This relentless buying started pushing silver prices higher, all the way to $50 an ounce, from $11.
Study.com
study.com › business courses › general business and finance lessons
Silver Thursday History, the Hunt Brothers & Facts | Study.com
It would take the brothers about a decade to completely unwind their silver holdings after being charged with market manipulation, receiving hefty fines, being indefinitely suspended from commodities trading, declaring bankruptcy, and making massive deals with creditors resulting in a $1.1 billion bailout package. The end of the Hunt Brothers' attempt to corner the silver market marked one of the most dramatic episodes in commodities trading history.